What is the cost per click on Website 1?
Understand the Problem
The question is asking to calculate the cost per click on Website 1 based on the data provided in the table, which includes the number of clicks on both websites and the total costs for given days.
Answer
The cost per click on Website 1 is $2.70.
Answer for screen readers
The cost per click on Website 1 is $2.70.
Steps to Solve
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Identify the total costs for each day
From the table, the total costs for Website 1 and Website 2 on the given days are:
- Monday: The total cost is $94.15.
- Tuesday: The total cost is $121.15.
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Set up equations for the total costs
Let ( x ) be the cost per click on Website 1 and ( y ) be the cost per click on Website 2.
The equations based on the number of clicks are:
- For Monday: $$ 15x + 29y = 94.15 $$
- For Tuesday: $$ 25x + 29y = 121.15 $$
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Subtract the two equations to eliminate ( y )
We can subtract the first equation from the second: $$ (25x + 29y) - (15x + 29y) = 121.15 - 94.15 $$
This simplifies to: $$ 10x = 27 $$
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Solve for ( x )
Dividing both sides by 10 gives: $$ x = 2.70 $$
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Conclusion
The cost per click on Website 1 is $2.70.
The cost per click on Website 1 is $2.70.
More Information
Calculating costs per click is a common problem in advertising and marketing analytics, and understanding how to set up and solve systems of equations is crucial in these scenarios.
Tips
- Not setting up equations correctly: Ensure to carefully relate clicks and costs.
- Forgetting to simplify equations properly: Always double-check simplifications.
